Business
Solar’s Future is Insanely Cheap (2020)
Just as remarkably, and relevant for considering the future cost of solar, the decline of solar prices over the past decade has been faster than almost any credible forecast. Let’s add forecasts made by the International Energy Agency (IEA) in their 2010 World Energy Outlook, along with the forecast I made in 2011 at Scientific…
Read More3 ways COVID-19 could actually spark a better future for Africa
Coronavirus is severely testing Africa’s social, economic and political resilience. COVID-19 is forcing African states to invest in their health systems. A lack of essential healthcare supplies has triggered a debate about the necessary industrialization of Africa. Click here to read the full article.
Read MoreInvestors Bet Giant Companies Will Dominate After Crisis
The virus outbreak supercharged a continuing shift in the markets, with a few giant companies now exerting the most influence over the direction of stocks since the tech boom. An economic downturn almost always favors giants like Microsoft, Apple and Amazon, the country’s three most valuable companies. But the demand for their shares has only…
Read MoreThe World Has Raised $8 Billion To Fight Coronavirus; Here Are The Top Donors
In asking nations to raise $8 billion for vaccines, treatments and tests, the Coronavirus Global Response International Pledging Conference created a global rivalry: Who would donate the most? Canada Wins, U.S. Nowhere Japan And U.K. Make Up Top Three Bill Gates Ranked Seventh With New Pledge Click here to read the full article.
Read MoreThe Collapse of the Energy Sector
It’s crazy to think oil hit more than $150/barrel briefly in the summer of 2008 before the financial crisis shifted into overdrive. People at the time were worried oil was going to the moon. When oil peaked in the summer of 2008, the energy sector made up nearly 17% of the S&P 500. Today it…
Read MoreHow Amazon Has Reorganized Around Artificial Intelligence And Machine Learning
AI isn’t located in a single office at Amazon, and information is spread throughout departments. The cashier-less Amazon Go store also took advantage of the wealth of data to track customer shopping trends. AI also plays a huge role in Amazon’s recommendation engine, which generates 35% of the company’s revenue. Using data from individual customer…
Read MoreHave States With Lockdown Protests Been Hit Harder By Unemployment?
About 26.5 million Americans have filed for unemployment over the past five weeks, the same number you would get if you added up the initial-claims numbers from March 14 going back to Nov. 25 … of 2017.Just to put all of this further in perspective: If the total U.S. labor force is 163 million strong,…
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